AstraZeneca Plc and Daiichi Sankyo Co. failed to win immediate endorsement for an additional use for their breast cancer medicine from England’s drug-cost regulator, a potential blow to the companies’ efforts to expand sales of one of their most promising therapies.
Glen Point Capital co-founder Neil Phillips is facing a reduced criminal case after US prosecutors dropped the most serious charges against him.
Florida has overtaken New York to become the second most-valuable US housing market, according to a new study by Zillow.
The US government is hurtling toward an Oct. 1 shutdown as Senate leaders and House moderates work to try to at least shorten a disruptive federal funding lapse.
Federal Reserve Bank of Minneapolis President Neel Kashkari said he sees a 60% chance the US central bank can bring inflation down to its 2% target without causing severe damage to the economy.
The Spanish government is considering imposing conditions on Saudi Telecom Co.’s acquisition of a 9.9% stake in Telefonica SA similar to those placed on previous deals, such as limits on asset sales and dividend payments, according to a person familiar with the matter.
Brazil’s central bank poured cold water on expectations of bigger interest rate cuts, emphasizing risks to the monetary easing cycle it kicked off last month, including above-target inflation expectations that policymakers vowed to bring down.
(Bloomberg) — Four Democratic senators facing tough reelections are demanding Senator Robert Menendez resign even as the embattled New Jersey Democrat insists he’ll remain in office as he fights federal corruption charges.
US consumer confidence slumped to a four-month low in September, dampened by a deteriorating outlook for the economy and labor market.
Markets are shrugging off declines in two of this month’s biggest listings — Arm Holdings Plc and Instacart — leaving the door open to a sustained rebound in IPOs.
